Dear all,
Whether sale of running business is regarded as goods or services. Plz explain in detail about the whole concept.
Thanking u in anticipation
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Goods or Services
Replies (1)
Sale of running busniess (going concern ) will be supply of sevice and nil tax rate will be apply on it . This is per an order given by the Authority of advance ruling , The kanataka bench in the recent past
please confirm with others also ..
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